NOT LISTED FOR SALE

407 Cattail Rd Bethany Beach, DE 19930

Estimated Value: $1,003,000 - $1,425,000

3 Beds
2.5 Baths
2,400 Sq Ft
$484/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $995,000 $415 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,205/month

6 Days on Market

Highlights

  • Water Views
  • Coastal Architecture
  • Furnished
  • Lord Baltimore Elementary School Rated A-
  • Wooded Lot
  • No HOA

About This Home

As of August 2022

Extraordinary fully furnished South Bethany beach house overlooking the Assawoman Canal & Jefferson Creek wetlands. As you climb the steps to this house, you're immediately greeted by a spacious full length covered deck. The house has an inverted floorplan with the 1st floor featuring the primary bedroom with on suite bathroom with tub/ shower, two additional bedrooms (one with bunk beds) and another full bathroom with tub/shower combo. The 2nd floor boasts large open concept layout for living & dining room and kitchen with cathedral ceiling and half bathroom. Heading out to the sunroom one will be able to take advantage of those wonderful views of the water and wetlands across the street. Sunroom is the full length of the house and features a 2-sided gas fireplace. Just outside the sliding glass door you'll find a perfect deck for grilling those hamburgers and hot dogs in Summer. The spiral staircase leads to my favorite part of the house. The ROOF TOP DECK! Just image heading up there enjoying that view and sipping your coffee or wine. Additionally, there’s a great storage area under the house for beach accessories and bikes. Located minutes (about a mile) from South Bethany beach and Coastal Highway. Ride your bike to the Ocean, Boardwalk or Restaurants. Don’t miss out on this South Bethany GEM!!! Call for private tour today.

Last Agent to Sell the Property

Carl Frampton

(302) 236-8526 carl@framptonrealty.com Compass Listed on: 05/17/2022

Compass

Co-Listed By

Stephen Mottola

(302) 437-6600 stephen@mottolagroup.com Compass License #R3-0010595

Last Buyer's Agent

Sarah Schifano

(302) 858-3945 sarahschifano@gmail.com Long & Foster Real Estate, Inc.

Long & Foster Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $978

Year Built

  • Built in 2000

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 50.00 x 97.00
  • Wooded Lot
  • Property is zoned TN

Property Views

  • Water
  • Woods

Home Design

  • Coastal Architecture
  • Frame Construction
  • Cement Siding
  • Piling Construction

Interior Spaces

  • 2,400 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Gas Fireplace

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Central Air
  • Back Up Electric Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Cat Hill Subdivision

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 134-17.00-113.00

Home Details

Home Type

Single Family

Est. Annual Taxes

$978

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Coastal
  • Sussex De Quadrants: Between Rt 1 & 113
  • Ownership: Fee Simple
  • Exclusions: Personal property. Seller will create list of items
  • Inclusions: Fully furnished house including decor and kitchenware
  • New Construction: No
  • Story List: Main, Upper 1
  • Expected On Market: 2022-05-17
  • Federal Flood Zone: No
  • Year Built: 2000
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace Features: Gas/Propane
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Pilings
  • Levels Count: 3
  • Basement: No
  • Total Sq Ft: 2400
  • Living Area Sq Ft: 2400
  • Price Per Sq Ft: 414.58
  • Above Grade Finished Sq Ft: 2400
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Upper Level Bathrooms: 1
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Cement Siding
  • View: Water, Trees/Woods
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Electric
  • Heating Type: Heat Pump - Electric Backup
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Trees/Wooded
  • Lot Size Acres: 0.11
  • Lot Dimensions: 50.00 x 97.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4792.00
  • Zoning: TN
  • In City Limits: No

Rental Info

  • Furnished: Yes
  • Vacation Rental: No

Tax Info

  • School Tax: 867.00
  • Tax Annual Amount: 978.00
  • Assessor Parcel Number: 134-17.00-113.00
  • Tax Lot: 30
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

MLS Schools

  • School District Name: INDIAN RIVER

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2022
Closed on
Aug 1, 2022
Sold by
Lapinski Andrea S
Bought by
Koppels Charles and Koppels Jennifer
Seller's Agent
Carl Frampton
Compass
Buyer's Agent
Sarah Schifano
Long & Foster Real Estate, Inc.
List Price
$995,000
Sold Price
$995,000
Current Estimated Value
$1,161,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,547
Avg. Annual Appreciation
4.62%
Original Mortgage
$796,000
Outstanding Balance
$762,793
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$398,754

Purchase Details

Closed on
Jul 15, 2000
Bought by
Lapinski Thomas F and Lapinski Andrea S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Koppels Charles $995,000 Scott And Shuman Pa
Lapinski Thomas F $229,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koppels Charles $796,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2022 08/01/22 Sold $995,000 0.0% $415 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
05/17/2022 05/17/22 For Sale $995,000 -- $415 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,568 $24,800 $4,450 $20,350
2024 $1,050 $24,800 $4,450 $20,350
2023 $1,024 $24,800 $4,450 $20,350
2022 $1,008 $24,800 $4,450 $20,350
2021 $978 $24,800 $4,450 $20,350
2020 $933 $24,800 $4,450 $20,350
2019 $929 $24,800 $4,450 $20,350
2018 $938 $24,800 $0 $0
2017 $945 $24,800 $0 $0
2016 $833 $24,800 $0 $0
2015 $859 $24,800 $0 $0
2014 $796 $23,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: DESU2021748

Bright MLS

APN: 134-17.00-113.00